It is also referred to as Life assurance, generally in the Common wealth nations. It’s a contract between the policy holder and insurer. Over here the insurer promises of paying a designated beneficiary amount in exchange with regards to some premium, upon the death of any of the insured person. Further the amount dispersal depends on the contract; other cases in which the payment could be triggered are critical illness and terminal illness. The policy holder generally pays the premium either on Lump sum or regularly. Further, the funeral cost can also be included into it.
Life policies are legal contracts which determine the limitations of the insured events. Life based contracts falls under two categories- protection and investment. Protection policies are designed to benefit with the lump sum payment in specified event. In Investment the main objective is to facilitate the growth of the capital by single or regular premium. Read here latest news and articles on Life Insurance and insurance companies.
Life Insurance: A Must-Have for Every Stage
Planning for the future and protecting your loved ones should always be a top priority. Whether you’re young or nearing retirement, having life insurance can provide financial security for you and your family. Though life […]
Maximizing Your Life Insurance: Strategies For Estate Planning And Wealth Transfer
In the landscape of financial planning, life insurance can be a game-changer. It protects your family, securing their financial future even in the wake of unforeseen circumstances. Life insurance is a safety net and a […]
Life Insurance: Things to Know What Your Plan Covers
Wondering what life insurance is? It can be defined as a shield against life’s uncertainties. Such insurance helps provides financial protection to your family when you are gone. It covers mortgage payments and education costs. […]
The Convenience of Applying for Life Insurance Without Exam
Life insurance is a crucial financial tool that provides peace of mind and financial security to you and your loved ones. However, the traditional life insurance application process can be time-consuming and may require medical […]
Retirement vs Life Insurance: What’s the Difference Anyway?
Working equates to preparing for a comfortable life when you reach old age. While most of your earnings still go to your present needs, you must also allocate a portion to your life savings and […]
Life Insurance: Choosing the Right Policy for You
There will come a time in your life when you decide to purchase life insurance. Whether you are planning for your retirement, protecting your family’s financial future or simply want to provide yourself with peace […]
How to Check Max Life Insurance Policy Details, Status and Statement
Max Life Insurance Max Life Insurance is one among the biggest and most successful insurance providers in India. The insurance plans provided by Max Insurance are unique and provide long-term savings options. Details on Max […]
If I Get Life Insurance- Does That Cover My Mortgage?
Mortgage and Life Insurance At times choosing the best life insurance coverage can be a hard task. That is why a lot of consultation and knowledge more about the insurance policy is a necessary thing […]
Insurance is not an Investment
Life Insurance Life Insurance is a policy where a sum of money pays after the death of an insured person or a fixed period by the insurance company. Some financial advisors said that Insurance is […]
Best Way to Sell Life Insurance Policy
How to Sell life Insurance Policy In life we deal with many situations and circumstances, there come many phases under which you might have to sell your life insurance policy, though life insurance policy is […]
10 Things You Should Know Before Purchasing Life Insurance
Facts about Life Insurance The older you get, the more you learn about the various ways that you can effectively manage your finances. Many times, you learn about loopholes and benefits of the investments you […]
Life Insurance vs. Funeral Insurance: Know the Difference
Life Insurance vs. Funeral Insurance It’s natural to want to protect your family, and insurance may already be a part of that plan. Car, homeowners and health insurances are just some of the ways families […]
Top 3 Term Plans from Bharti Axa Life Insurance
Everybody wants financial security for their family in case of any unexpected event. The best way to safeguard the future of your family is through financial planning. Life insurance policy is the key to a […]
Best Life Insurance Companies With Policies
Nowadays, life has become so fast-paced that many Life Insurance Companies are introducing more and more online Insurance plans. Now most of the life insurance companies in India sell insurance plans online. Following are four […]
PNB MetLife 3 Best Life Insurance Products
PNB Metlife Insurance Company PNB MetLife, an associate of Punjab National Bank, is an insurance company Ltd, wherein Punjab National Bank and MetLife International Holdings Inc. are the shareholders to the extent of 30% and […]